Post
Topic
Board Altcoin Discussion
Re: Reasons why exchange coins moving up..
by
Shallow
on 17/02/2020, 09:53:30 UTC
There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...

Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?

I did that too, like seriously went for some exchange coins although I sold at loss on one hand and made profit on the other hand, therefore I can say some exchanges tokens are worth holding while others aren't. To confirm this, taking a glimpse on exchange tokens like Huobi and Binance for instance one can see the growth as well as the team's efforts to ensure a continuous improvement, this what makes those tokens to always bounce back after a bad or bear market. So in own opinion, exchange tokens are still altcoins but good ones in this case thus not a bad idea holding some.